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The acquisition of Black Knight, which provides software, data and analytics to the real estate and housing finance markets, is the latest in a string of deals since 2016 by ICE to support its mortgage servicing business as it bets on a windfall from the automation of the home financing process.
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"Our data, technology and network expertise position us well to accelerate the analog to digital conversion happening across the mortgage industry," ICE President Benjamin Jackson said on a call with analysts in February.
https://www.reuters.com/business/nyse-owner-ice-buy-black-knight-131-bln-deal-2022-05-04/
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